73290 Riata Trail, Palm Desert, California 92260, Palm Desert, 92260 - 4 bed, 4 bath
Loading property details...
73290 Riata Trail
Palm Desert, California 92260
ACTIVE
CONDITION: GOOD
4Beds
4Baths
3,393Sq Ft
40,946Lot Size
Property Price
LIST PRICE$1,595,000
EST. MARKET VALUE
$1,731,794
7% BelowMARKET VALUE
SUMMARY
This Single Family Residence represents a Strong Value Opportunity, listed at $1,595,000—positioned well below the $1,731,794 Fair Market Value by 7%. This valuation gap offers $136,794 in Instant Equity. Featuring a Condition Rating of 3, the property offers a 3,393 sqft layout with a private pool, tennis/pickleball court, and panoramic mountain views. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to renovate a high-potential estate in Silver Spur Ranch.
Estimated Market Value
$1,731,794+$136,794 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Palm Desert.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 73290 Riata Trail Subject 4 bd · 4 ba · 3,393 sqft · $510 | $1,595,000* List Price | 4 | 4 | 3,393 | $510 | - |
A 72771 Bel Air Rd Active 3 bd · 3 ba · 3,047 sqft · $420 · 0.6 mi | $1,280,000 List Price | 3 | 3 | 3,047 | $420 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While built in 1961, the property has been meticulously maintained and features a renovated kitchen with granite countertops, wood-look tile flooring, and stainless steel appliances likely updated within the last 10-15 years. The interior is move-in ready and functional, though some rooms retain older character that may eventually invite cosmetic updates.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 40946, living area = 3393.
- Expansive Private Grounds
Situated on nearly an acre at the end of a quiet cul-de-sac, the property features a private pool, tennis/pickleball court, and a dedicated RV garage, offering rare outdoor utility and privacy for the area.
- Prime South Palm Desert Location
Located in the prestigious Silver Spur Ranch neighborhood, the home offers stunning panoramic mountain views and is minutes away from El Paseo's luxury shopping, dining, and galleries.
CONSRISKS & DEFICIENCIES
- Dated Original Condition
Built in 1961 and retaining much of its original character, the home likely requires a comprehensive aesthetic and functional modernization to meet contemporary luxury standards.
- Substantial Renovation Investment
Given the property's large square footage and age, buyers should anticipate significant additional capital expenditure to update the interior finishes, systems, and layout.
About 73290 Riata Trail
An extraordinary opportunity in Silver Spur Ranch, offered under $1.6 million! Nestled on nearly an acre of incredible grounds at the end of a quiet cul-de-sac, this distinctive South Palm Desert property offers an exceptional combination of privacy, breathtaking mountain views, and endless possibilities.Built in 1961 and meticulously maintained, the residence offers over 3,300 square feet of living space while retaining its original character, providing an inviting canvas for those looking to renovate, reimagine, or create their own desert retreat. The expansive grounds are the true standout, featuring a private swimming pool, tennis court accommodating pickleball, and a dedicated RV garage. With generous outdoor space and a spectacular mountain backdrop, the property offers a rare opportunity to embrace the quintessential indoor-outdoor desert lifestyle.Located in the desirable Silver Spur Ranch neighborhood, just minutes from El Paseo's renowned shopping, art galleries, and fine dining, as well as exceptional golf courses and scenic hiking trails, this property combines the tranquility of a private estate with convenient access to the best of Palm Desert.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1961
- Lot Size
- 40,946 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $19.0 / Month
Neighborhood Insights
Palm Desert Unified Schools
Palm Desert High School
Grades 9-12 • 3.0 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 4.0 | 2.9 |
| Square foot | 3,393 | 2,058.132 |
| Lot Size | 40,946 | 7,541.284 |
| Price | $1.59M | $629.6K |
| Price per sq ft | $470 | $309 |
| Built year | 1961 | 1997 |
| HOA | $19.0 | $398 |
| Days on market | 3 | 79 |
Pricing History
Listed for Sale
Oct 22, 2026
$1,595,000
Initial Listing
Sold
Jan 31, 2001
$670,000
Public Record